We've got some significant change at the top of Tim Hortons' parent company Restaurant Brands International. The company is– effective March 1 – replacing long-time incumbent José Cil. Now, Kobza isn't exactly an unknown quantity, having held senior roles at the company for the past eleven years, including a stint as CFO from 2013 to 2018, before assuming his current role as chief operating officer, so there's plenty of continuity in this succession.
. Industry Minister François-Philippe Champagne issued an edict late yesterday calling on the regulator to focus on making competition and affordability a key plank in its policy decisions, replacing the prior policy that said the CRTC should allow market forces to play out as they will.
Shares of Coca-Cola are ticking higher in the premarket after the company reported 15 per cent organic revenue growth in its latest quarter as it passed on higher prices to consumers. Descartes Systems is buying logistics firm GroundCloud for US$138 million upfront, with the potential for a higher payment based on the company's performance once it's folded into Descartes.Notable data: New Motor Vehicle Sales, U.S. NFIB Small Business Economic Trends Survey, U.S. Consumer Price Index
Notable earnings: Coca-Cola, Restaurant Brands, TC Energy, Neighbourly Pharmacy, Marriott International, CT REIT, Devon Energy, CAE, West Fraser, TripAdvisor, Dream Industrial REIT, Airbnb, Absolute Software, Toromont Industries, iA Financial Corp, First Quantum Minerals, Suncor Energy
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